Colenko: products, terms and eligibility

Colenko is a UK provider of bridging loans. The legal entity named on its site is Colenko Ltd, company number 11225671. It is based in London. Companies House shows the company was incorporated 2018.

Colenko Ltd is incorporated in England and Wales (company number 11225671) with its registered office on King William Street, London. Its site does not publish a founding story or ownership details beyond this. It lends to brokers and developers on residential, semi-commercial and commercial property in England and Wales.

In its own words on scale:

• Says its senior team has delivered over £1 billion in secured finance (figure on its site in October 2026; undated and attributed to the team rather than to Colenko Ltd).

Everything on this page comes from what Colenko publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

Colenko publishes 3 products for UK businesses. The table above gives the amounts and terms as it states them.

• Bridging loans (residential, semi-commercial, commercial): First charge; LTV up to 75% (70% on commercial); commercial listed with no monthly payments.
• Refurbishment finance: Up to 75% LTV net; light to heavy refurbishment and HMO conversions.
• Development finance: Small-scale residential schemes, including development exit, land bridge, mezzanine and stretch senior.

Refurbishment finance

Loans of up to £3m for up to 18 months, secured by a first charge on the property, with loan-to-gross-development-value and net LTV up to 75%. Funds are released in stages as works progress, with a monitoring surveyor confirming each phase. Covers light to heavy refurbishment, HMO conversions and finish-and-exit. Repayment is by sale or refinance, and the lender assesses build costs, the professional team, planning and developer experience.

Development finance

Loans of £300,000 to £2m for up to 24 months, secured by a first charge, at up to 90% loan-to-cost and up to 70% of gross development value. An initial advance covers the site purchase and later drawdowns are approved by a monitoring surveyor, with interest part serviced or rolled up. It funds small residential schemes such as single units, infill sites and residential blocks for experienced developers and contractors.

Colenko says its finance is used for:

• Property purchase and refinance
• Auction acquisitions
• Light to heavy refurbishment
• HMO conversions
• Small residential development

Sectors and business types it says it funds:

• Property investors
• Property developers and contractors
• Residential, semi-commercial and commercial property

What it says it does not fund:

• Property outside England and Wales

Colenko publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• Property in England and Wales.
• Residential, semi-commercial and commercial assets.
• Owner-occupied or investment property (residential bridging).
• Website is for professional intermediaries only.
• Does not enter into regulated credit agreements.

Colenko describes its process like this:

1. A broker or borrower submits the deal to Colenko.
2. The lender reviews it and issues terms.
3. Valuation, using automated valuation models where suitable, and legal work follow.
4. For refurbishment and development, a monitoring surveyor certifies each stage before further drawdowns.

Every application is subject to status and the lender’s own criteria at the time.

A bridging loan is short-term borrowing secured on property, used to bridge a gap until a sale or longer-term finance completes. Interest is often rolled up or retained and repaid with the loan at the end, so the plan for repaying it, known as the exit, matters as much as the property.

Lenders lend up to a share of the property’s value and will want to see that exit. Bridging costs more than long-term borrowing, so it is worth understanding how lenders differ before you compare offers.

Points Colenko publishes that are worth knowing:

• Bridging security is a first charge, and a second charge bridging product is also listed.
• Its content has not been approved by an authorised person under the Financial Services and Markets Act 2000.
• Does not enter into regulated credit agreements.
• Refurbishment loans can fund light to heavy works and HMO conversions.

Security and guarantees

All products are secured by a first charge on the property. Bridging and refurbishment loans need a credible exit such as sale or refinance. The pages do not state personal guarantee or early repayment terms.

Colenko’s site states: “This website is strictly for professional intermediaries only. Colenko is the trading name of Colenko Ltd (Reg No 11225671) Registered Office: 45 King William Street, London EC4R 9AN, registered in England and Wales. Colenko does not enter into regulated credit agreements within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.”

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of bridging loans with profiles here include Funding Guru, Glenhawk and Lendhub. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.